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The Indian Online Poker Industry Exceeds $100 Million

25 February 2020, 13:36
Votes: 1

Online gaming showed its rise in many countries in the world, and India wasn’t an exception. As many gaming innovations and technologies have been introduced in the country, now it faces a doubtless rise in the online poker industry.

The Indian Online Poker Industry Exceeds $100 Million

Speaking about the whole situation with digital technologies in India, the country increased twice in online retail and payments. The main reason for this is, of course, “Digital India” – the governmental proposal focused on the promotion of digital services within the country. It led to the noticeable growth of online gaming and e-wallets use.

Poker became a special field of interest for Indian citizens. Most players consider the game not only as entertainment but as a way to raise money as well. They are ready to quit their regular jobs and start a career in poker. Moreover, gamblers from India often take part in local and offsite tournaments winning the leading places. That’s why the online poker industry is rapidly developing here and now it exceeds $100 million.

The Indian online poker market is a gold-mine of opportunities

This rapid growth of the market means that it has a lot of opportunities to offer to investors and business owners connected with the digital sector. As far as poker players continue to increase the time they spend in the game and it means more financial operations, monetization is one of the most challenging spheres for operators and service providers to deal with. On the other hand, it’s also a big room for investments and business development.

As mentioned earlier, the PokerStars’ World Championship of Online Poker (WCOOP) has set a new record – the 20-day tournament with over $104.7 million.

Read more: Europe Faces Major Changes in the Matter of Gambling Policy in 2019

Read more: All Information You Need to Know About Short-Deck Poker to Hone Your Skills

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